subject: Himfr.com Reports The American Auto Companies Interested In China's Double Reverse Investigation [print this page] October 29, Chinese Minister of Commerce Chen Deming said that the invitation of the Chinese automotive industry applications, China is on the American-made cars a preliminary anti-dumping investigation.
In 2009, China has leaped to the world's first automobile production and sales, General Motors, Ford, Chrysler, the three U.S. auto companies have China as its importance to the main battlefield overseas. The anti-dumping, subsidies, hair will investigate the U.S. "Big Three car firms," what impact its business in China? Although the specific policy yet to be finalized, but the major companies have expressed great concern on this incident.
General Motors in 2009 sales in China have created the first 8 months will be a record breaking 1 million, and invested heavily in the current building in Pudong, "General Motors China park," progressing smoothly, GM China will continue to be the new General Motors global product engineering development, design and production of the important bases.
However, GM's sales in China, the focus of a joint venture in China brand cars, imported cars accounted for a lesser share. Continued sluggish sales of the Saab, Opel and other brands of imported cars, compared to its China-made cars, the impact can be regarded as negligible, are or will be the arrival of the "double reverse" the investigation will not have much impact.
Kevin E. Wale, president of GM China previously told the media that a healthy and positive trading environment are of great importance for both countries. General Motors will continue to be actively committed to facilitating communication between the two countries to reduce trade friction. Wale said that the current trade disputes can be resolved through constructive programs, GM also believe that a healthy Sino-US trade relations in line with common interests.
In an interview, "Economic Information Daily," an interview, Ford said that 2009 had been halted in China, imported cars business, selling mainly rely on a joint venture in China, brand, sales in the third quarter well and create a new record. Ford's operations in China from a long time before the focus turned to imports domestically, and the remarkable achievements, a variety of domestic models to make them more value selling locally-made cars in China, production and marketing, even if subject to the policy of tax adjustments of imported cars impact in some proportion of their total business, is also very low.
In 2008 in China due to strong sales of the Chrysler Corporation in China repeatedly change partners and this year is to stop the sharp and 300C of the platinum made two kinds of models, the company's Jeep, Dodge and Chrysler the future sales of the brand in China will mainly rely on imports, which will make it a Big Three to receive "double reverse" negative impact on the largest companies in the investigation.
According to incomplete statistics, Chrysler in the U.S. Big Three auto companies in China's vehicle imports to the largest number of annual imports of more than 20000, while the U.S. exports to China for one year the number of cars around roughly 42000.
In an interview, "Economic Information Daily," an interview, Chrysler, Public Relations, said that the incident is still no final certainty on policy, it is not specifically mentioned in the company's business impact of imported cars.
by: Frbiz
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